What are the main types of service providers to mutual fund

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Reference no: EM131955365

1. What are the main types of service providers to a mutual fund, which has a board of directors but usually no employees?

2. What is the unique procedure available to fund shareholders for challenging a fund adviser’s management fees as excessive? What factors do courts use in determining excessive fees?

3. What are the critical differences between mutual funds and closed-end funds? Why do you think closed-end funds have declined in popularity relative to mutual funds?

4. How are exchange-traded funds (ETFs) and unit investment trusts (UITs) different from index mutual funds, and from each other?

Reference no: EM131955365

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